Archive | Management

Public Corporations: Characteristics, Advantages and Limitations

After reading this article you will learn about:- 1. Characteristics of Public Corporations 2. Advantages of Public Corporation 3. Limitations. Characteristics of Public Corporations: Public corporations have certain basic differences with departmental managements. These differences have given a separate entity to public corporations. Some of the salient features of public corporations are discussed below: 1. Public corporations can sue and [...]

By |2017-02-06T21:14:09+05:30February 6, 2017|Management|Comments Off on Public Corporations: Characteristics, Advantages and Limitations

Relationship between Management and Accounting

Management and Accounting have been closely associated for a long time. Historically, the functions of accounting have been to record, analyze, and report the results of business operations in various units of measurement, such as rupees, units of production, standard hours and kilowatts. With such information, management can: (1) Plan future operations, (2) Control key variables, (3) Decide among alternative [...]

By |2017-02-06T21:14:06+05:30February 6, 2017|Management|Comments Off on Relationship between Management and Accounting

Organisation Structure: Concept, Need and Design | Management

After reading this article you will learn about:- 1. Concept of Organisation Structure 2. Need for Organisation Structure 3. Design. Concept of Organisation Structure: No organisation can work without people. Organisation structure simply means the systematic arrangement of the people working for the organization in order to achieve pre-decided goals. Organisation structure is concerned with the establishment of positions (persons) [...]

By |2017-02-06T21:14:05+05:30February 6, 2017|Organisation Structure|Comments Off on Organisation Structure: Concept, Need and Design | Management
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